China Dalian Future - May Iron ore price is currently up more than 2%, trading at CNY489/ton.
Its notable the trade volume of Chinese Dalian Iron ore future is the largest in the world, between 30Mt to 150Mt a day, about 10 times more of CME and SGX.
I expect iron ore stocks to recover just like Gold stocks.
It might not be sustainable, but will.
Even current loss making AGO, is still going up over 8% today.
ARI, is making EBIT over $360m p.a, it can make minimum of $450m p.a. after iron ore division re-design. No reason ARI will be kept at under 30c, IMO.
http://quote.futures.hexun.com/i1505.shtml
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $18.55M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.0¢ | $62.79K | 2.090M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 730000 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 307391 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 730000 | 0.029 |
5 | 443000 | 0.028 |
4 | 796962 | 0.027 |
1 | 20930 | 0.026 |
1 | 20400 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 307391 | 2 |
0.032 | 383317 | 1 |
0.033 | 325000 | 2 |
0.034 | 327537 | 2 |
0.035 | 33333 | 1 |
Last trade - 15.22pm 28/10/2024 (20 minute delay) ? |
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ARI (ASX) Chart |